It’s a difficult choice between repaying your debt and saving for your future retirement. Which one do you choose to get the maximum benefit and results? If you have a debt and also want to save for retirement, consider this easy process: Examine your debt. As you analyze your debt, pay attention to interest rates… Continue reading Should You Repay Debt or Save for Retirement?
Category: Personal Finance
Claim Denied by Health Insurance? Try These Strategies
Do you have medical bills your insurance company doesn’t want to pay? You have several options as you explore different ways to pay the bills. If your insurance company won’t pay the bill, consider these ideas: Understand the out-of-network rules. Receiving care out-of-network is one of the most common reasons an insurance company denies payment.… Continue reading Claim Denied by Health Insurance? Try These Strategies
FSA, HSA, HRA, and MSA: Understanding Medical Expense Accounts
Medical expense accounts offer a tax-advantaged means to save and pay for medical expenses not commonly covered by health insurance. The four types of accounts are: Flexible Spending Arrangements (FSAs) Health Savings Accounts (HSAs) Health Reimbursement Arrangements (HRAs) Medical Savings Accounts (MSAs) These four accounts have different eligibility requirements and contribution rules. The benefits they… Continue reading FSA, HSA, HRA, and MSA: Understanding Medical Expense Accounts
Life Insurance Fraud – What You Need To Know
You’re probably familiar with the concept of insurance fraud since it has been around for a long time. The earliest recorded instance involves a merchant intentionally sinking his ship in 300 B.C.! The merchant drowned in the process. You might be surprised at insurance fraud’s adverse effects on your financial future and that of your… Continue reading Life Insurance Fraud – What You Need To Know
Easy Ways To Inventory Your Possessions For Insurance
Insurance companies can require you to provide an inventory of lost, stolen, or damaged items before paying for a claim. If you don’t have an accurate inventory, it could reduce the amount of money the insurance company pays you. Get the benefits you deserve! Consider these essential tips: Your insurance inventory is an integral part… Continue reading Easy Ways To Inventory Your Possessions For Insurance
Variable Universal Life Insurance (VUL) – How To Choose The Right Investment
A variable universal life insurance policy, known in the insurance industry as a “VUL,” has many benefits. It offers permanent life insurance and allows you to invest your cash value funds as you see fit within the policy. Apportionment of Your Money When You Purchase a VUL Unlike a term life insurance policy, a VUL… Continue reading Variable Universal Life Insurance (VUL) – How To Choose The Right Investment
How To Settle An Old Tax Debt
Do you have an old tax debt lurking in your past? If you’re interested in settling it, consider these tips. You may be able to settle an old tax debt without paying the entire amount! Try these techniques: Find out the exact amount. The amount you owe will include fees and interest. The IRS or… Continue reading How To Settle An Old Tax Debt
Should You Do Debt Consolidation?
A debt consolidation loan can be outstanding if you avoid the disadvantages. It lets you pay off many debts simultaneously, leaving you with just one monthly loan payment. If you use a home equity loan to consolidate those debts, your interest rate will also be lower. Depending on the loan length, you could save time and… Continue reading Should You Do Debt Consolidation?
9 Car Insurance Tips To Save Big
You must legally insure your vehicle, but this doesn’t mean you should overpay for coverage. Your insurance provider’s monthly premium expense will impact your budget, so looking for an affordable option is important. It is possible to purchase the kind of coverage you need, protect your vehicle, and save money if you take the time… Continue reading 9 Car Insurance Tips To Save Big
Life Insurance Medical Exam – What You Need To Know
Have you ever studied hard for an exam? Even though you might not have been paying close attention all semester, cramming at the last minute can still be worthwhile. You can apply the same tactic to your life insurance exam. While it’s better to be healthy all the time, there are things you can do… Continue reading Life Insurance Medical Exam – What You Need To Know